SAFE Finance Blog

Kevin Bauer: Besides great potential, the use of algorithms for automated decision making also bears risks that can lead to a loss of social welfare

Ignazio Angeloni: European banking union should act as model

Targeted and coordinated European measures needed to prevent a new banking crisis

The reform of the ESM turned out to be one of the main political issues in Italy at the end of this year, to the point of posing an existential threat to the sitting government. However, a well-functioning ESM is of vital interest in particular to countries like Italy.